Euroconsult Predicts Nearly 2,000 Commercial Satellites Launching Over Next Decade

On average, 330 government and commercial satellites in excess of 50 kilograms will be launched yearly through 2027, a threefold increase over the past decade due to the rise of small satellites and mega constellations, Euroconsult said Monday. It said those 3,300 satellites are a $284 billion satellite manufacture and launch market. In the commercial space sector, close to 50 companies will launch almost 2,000 satellites, it said.